Used 4X4 trucks up in price

Has anyone who might be looking for a used truck noticed how lately they have gone up by 25%. I was thinking of selling my Jimmy and getting a Pickup. My Jimmy is a 2001 and in very good shape with 150K. I paid 2800 for it about 3.5 years ago. Now with the ATV I was thinking maybe a small 4x4 pickup might be better so I have been looking for something older 2004 and newer. Well looking around you cannot find anything that isn't a wreck or has almost 300,000 KM on it and than they still want 80000 for it. Three year ago I could buy a 10 year old truck for less than 2 grand and less than 100,000 KM on it. Now you cant even buy anything. It appears my Truck has gone up in value by 1200 over what I paid. Tempted to list it but don't think I will sell before I find something else.

My Price for a truck was going to be 3000 for a 10 year old 4x4 small truck with 150,000 KM on it. But even if I go to 5000 you cannot find much with under 250,000 KM on it and most have 3000,000.

Wow

Dealers want all used trucks they can get because of the dollar they are sending them to the states. I was offered $24,000 for my 2013 in the spring and it had 95,000km's on it but it would have been another $18,000 to replace it.

The cheapest I can find an older truck for with 150K or less is over 6000, if I want a big 6 liter engine.

The turnover in used trucks,right now,is unbelievable and that's what's driving the prices up. Our local GM dealer can't get their hands on enough. They can't keep them on the lot. Mind you,they must be in excellent condition to command top dollar.

The Ottawa and Barrie used vehicle auctions is loaded with US dealers since early this year, they take it all including boat, atv and so on.... It's a tough time for our used vehicules dealer, but a great time to get ride of your used truck if it's in good shape and less than 5 years old.

I had heard that the US dealers were buying, I didn't think they were also buying the 10 year old stuff.

I might be stuck with my Jimmy. I will have to keep an I out for an older pick up.

Yea, keep an eye out for private sales...I see a lot around here where you can still get a good truck at a good price..

Stay away from the dealers....as always.

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Originally Posted by greatwhite

I had heard that the US dealers were buying, I didn't think they were also buying the 10 year old stuff.

I might be stuck with my Jimmy. I will have to keep an I out for an older pick up.

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I don't think they do either but if the price of the newer stuff go up the older ones must go up too, just not as bad.
Mike is right, always good private sale deals out there just takes longer to find them.

I was looking at buying used this past month, prices are insane! My budget kept creeping up the more I looked. I saw a good deal pop-up on a dealer site and I called about it that evening and it was already gone. I ended up just buying new with Ford's discounts currently on it made more sense to buy new than pay almost the same price for a 3 year old truck with 50K on it. And just before I bought the local dealership also called up my father-in-law and got him out of his lease a year early with a ridiculous deal on a new truck so they could send his to the US.

I bought new as well. RAM 1500 Bighorn with all the bells & whistles. Zero % financing & a great trade in value was hard to turn down.

Love my truck!! lol